Title: Top Down Approach Discussion and how to View BPT - Click on Title

Thanks, Matt -- appreciate it.

Posted by mstaples37 on 25th of Oct 2021 at 05:05 pm

Thanks, Matt -- appreciate it.  Looking forward to seeing those things you've been working on!

Steve,  how does one access

Posted by bharvey96 on 30th of Sep 2020 at 01:35 pm

Steve,  how does one access the "Ciovacco Historical Perspective Charts?"  I would imagine you need to be a client?

He puts out a weekly

Posted by steve on 30th of Sep 2020 at 01:41 pm

He puts out a weekly video via Twitter on Friday Night

Hi Matt/steve, is today highly

Posted by kevindeng0727 on 16th of Jun 2020 at 09:18 am

Hi Matt/steve, is today highly likely to be a trend day?

Education Video on Symmetry!

Posted by matt on 2nd of Jan 2022 at 05:21 pm

I've posted my recording of my educational video on Symmetry

CLICK HERE to watch the video . I suggest watching in 1080 resolution on a monitor or table (not your cell phone)

Matt, your video on symmetry

Posted by tradeit007 on 6th of Jan 2022 at 02:47 pm

Matt, your video on symmetry was excellent. Thank you! It has already improved my ability to analyze patterns.

thank you very much! There's

Posted by matt on 6th of Jan 2022 at 03:02 pm

thank you very much! There's a few things I wished I had covered in that video, but it's fine, I think it was a good introduction and overview and a very nice tool for folks to have. I'll be making follow up videos and as you saw I've been pointing out symmetry a lot more in the newsletters lately so that helps further the education

Great video matt.  Couple of

Posted by xxkumarxx on 3rd of Jan 2022 at 11:45 am

Great video matt.  Couple of questions.  

1) When you are measuring how far do you go back.
2) If you have multiple legs of varying size do we have probability on which would be best fit.
3) How many times does a symmetry move repeats is there a most common number like (3, 5, 8)?
4) have you  or anyone done any imperial analysis as to how often they are successful.

I am trying to find a symmetrical move but finding it hard to find one that matches in real time.  It would be great if we can incorporate that in to newsletters like symmetry projections for let we are in.  




in answer to your questions:  1

Posted by matt on 3rd of Jan 2022 at 01:51 pm

in answer to your questions: 

1 - symmetry is relative to the trend and time frame you are following so like Einstein would say, it's relative. When I look at the 5 min SPX I'm generally looking for symmetry moves that day. a 30 or 60 min might be 15 - 30 days, a daily will depend, and so will a weekly. No one answer here - observe the trade you are monitoring relative to that time frame

2. not really - one thing I showed is that price many times will follow multiple symmetries not just the largest one. Also what I didn't discuss in that video much is that generally I count symmetry with respect to 1 wave so like an A wave or C wave vs the whole ABC zig zag move

3. it just varies and honesty it's going to follow whatever wave count structure ends up unfolding whether it's a simple ABC zig zag or a 5 wave uptrend or a 5th wave extension etc. 

4. I've followed it for years, it works very well. and while we'll monitor a break in symmetry, most of the time symmetry is not broken and is best used for price targets and a tool for places to buy and sell. 

again what I suggest is that you take various charts and practice mocking them up. It takes time to start understanding it and practice to calibrate the eye. There's some art too it just like all TA. 

as far as newsletters I'll be adding it to more charts and commenting on it

thank you matt.  Love your

Posted by xxkumarxx on 3rd of Jan 2022 at 04:05 pm

thank you matt.  Love your work.

thank you, really appreciate the

Posted by matt on 3rd of Jan 2022 at 07:57 pm

thank you, really appreciate the feedback!

Really good Matt. Thank you.

Posted by curranjohn on 3rd of Jan 2022 at 09:58 am

Really good Matt. Thank you. I am working symmetry in to approach for sure. 

Do you always use arithmetic

Posted by zwyss on 3rd of Jan 2022 at 03:34 am

Do you always use arithmetic charts, even if longer term like Tesla in the video?  My layman's logic would prefer log charts on longer timeframes.... 

Very Few Objective Setups

Posted by steve on 19th of Jan 2022 at 07:03 am
  1. https://twitter.com/markminervini/status/1483640592194224129?s=21

It's wise to look under the hood and not just at the indices. 

SOXS

Posted by matt on 18th of Jan 2022 at 11:29 pm

SOXS - Chart Link- what concerns me about the market is how far SOXS could go eventually such as to that 6 area over time

anyway ES down 20, we'll see what goes on tomorrow but not shocking to see follow through down

PG daily  short, they report

Posted by morton7 on 18th of Jan 2022 at 06:31 pm

PG daily  short, they report tomorrow however.

Tuesday Newsletter

Posted by steve on 18th of Jan 2022 at 06:24 pm

SPY and ES systems

Posted by matt on 18th of Jan 2022 at 06:21 pm

It's going to take me a while to still compile everything, here's a spreadsheet showing the systems on SPY and ES. So far ES has been doing better than SPY, though I only have up to 2019 added.. It's the same set of systems I use for SPY but on ES as well. They do a lot of the same and similar trades but you can see how they average one another out where SPY or ES catches a trade the other does not, or one exits better etc. 

https://docs.google.com/spreadsheets/d/1SxZvfcoJ26JmC7Bf8CySOZcSyYwz0oyBan8XG7xZ11E/edit?usp=sharing 

SBUX daily  talk about the

Posted by morton7 on 18th of Jan 2022 at 06:09 pm

SBUX daily  talk about the bottom of the cup falling out.  been awhile since i reviewed the chart.  guess they are getting hit with all kind of rising costs, jo , labor, etc.

Thanks for the post as

SPY system alert

Posted by sydney on 18th of Jan 2022 at 04:39 pm

Thanks for the post as a reminder, it really helps when the post is close to the top when I wake up to check. IWM is at previous low.

Thanks for the post as

SPY system alert

Posted by sydney on 18th of Jan 2022 at 04:39 pm

Thanks for the post as a reminder, it really helps when the post is close to the top when I wake up to check. IWM is at previous low.

HTA daily short starting to work.

Posted by morton7 on 18th of Jan 2022 at 04:22 pm

HTA daily short starting to work.  hoping it fills the gap.

LOB daily shorted this one and

Posted by morton7 on 18th of Jan 2022 at 04:18 pm

LOB daily shorted this one and it hit its symmetry target..

Trip 7s - From a

Posted by fredsaid on 18th of Jan 2022 at 04:14 pm

Trip 7s - From a numerology perspective, the Dow, SnP and QQQs all ended on a 7.  

Short AMD Updated View

Posted by steve on 18th of Jan 2022 at 04:13 pm

AMD - Chart Link - working nicely lower 

DBC, USO

Posted by matt on 18th of Jan 2022 at 04:05 pm

SPY system alert

Posted by matt on 18th of Jan 2022 at 03:58 pm

Hello Everyone, just to confirm regarding the SPY systems, the QE BTS sub system is taking a 1st entry long today at the close.

We take $10K SPY ETF and 1 SPY call option with an expiration of March 18th with a strike price of 445

Dead Cat Bounce - maybe

UPST full round trip now

Posted by steve on 18th of Jan 2022 at 03:56 pm

Dead Cat Bounce - maybe another day

I'm guessing still good for

Posted by cozz101 on 18th of Jan 2022 at 03:49 pm

I'm guessing still good for QE BTS entry SPY system. Any other systems triggering? Thanks

Great day to sell some

Posted by profmel on 18th of Jan 2022 at 03:47 pm

Great day to sell some puts! OpEx Friday...the game is on.

SPX - price stalled at the retest of that broken trendline

Posted by matt on 18th of Jan 2022 at 03:18 pm

$SPX - Chart Link- hard sell off there at that trendline

CFVI just like DWAC has

Posted by stsystem on 18th of Jan 2022 at 03:02 pm

CFVI just like DWAC has been a nice long

https://stockcharts.com/h-sc/ui?s=cfvi&p=D&yr=0&mn=6&dy=14&id=p60779597638&a=289498831&listNum=59

Update: UPST full round trip now

UPST full round trip now

Posted by matt on 18th of Jan 2022 at 02:41 pm

UPST - Chart Link I posted this early as a bounce off support - you were buying the Christmas Tree at the base

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